Mount Yale Investment Advisors LLC Has $235,000 Stock Holdings in Hillman Solutions Corp (NASDAQ:HLMN)

Mount Yale Investment Advisors LLC trimmed its holdings in Hillman Solutions Corp (NASDAQ:HLMN) by 14.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,132 shares of the company’s stock after selling 4,200 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Hillman Solutions were worth $235,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of HLMN. First Horizon Advisors Inc. boosted its holdings in Hillman Solutions by 231.7% in the third quarter. First Horizon Advisors Inc. now owns 3,317 shares of the company’s stock worth $35,000 after purchasing an additional 2,317 shares in the last quarter. Quarry LP bought a new stake in shares of Hillman Solutions during the 3rd quarter worth about $43,000. Stratos Wealth Advisors LLC acquired a new position in shares of Hillman Solutions during the 3rd quarter valued at about $132,000. MBB Public Markets I LLC bought a new position in shares of Hillman Solutions in the 2nd quarter valued at approximately $133,000. Finally, US Bancorp DE lifted its holdings in Hillman Solutions by 508.2% in the 3rd quarter. US Bancorp DE now owns 18,660 shares of the company’s stock worth $197,000 after purchasing an additional 15,592 shares during the last quarter. Institutional investors and hedge funds own 98.11% of the company’s stock.

Hillman Solutions Price Performance

Shares of HLMN stock opened at $10.07 on Thursday. The company has a market capitalization of $1.98 billion, a P/E ratio of 251.81 and a beta of 1.68. The company has a current ratio of 2.32, a quick ratio of 0.76 and a debt-to-equity ratio of 0.62. Hillman Solutions Corp has a 12 month low of $8.43 and a 12 month high of $12.08. The stock has a 50 day moving average of $10.38 and a two-hundred day moving average of $10.22.

Hillman Solutions (NASDAQ:HLMN) last issued its earnings results on Tuesday, November 5th. The company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. The firm had revenue of $393.30 million during the quarter, compared to analysts’ expectations of $389.50 million. Hillman Solutions had a return on equity of 8.81% and a net margin of 0.57%. Hillman Solutions’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period last year, the business earned $0.11 earnings per share. As a group, equities analysts expect that Hillman Solutions Corp will post 0.53 EPS for the current year.

Wall Street Analyst Weigh In

HLMN has been the topic of several analyst reports. Robert W. Baird increased their price target on Hillman Solutions from $12.00 to $14.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. Barclays lowered their target price on Hillman Solutions from $12.00 to $11.00 and set an “equal weight” rating on the stock in a report on Thursday, January 16th. William Blair lowered Hillman Solutions from an “outperform” rating to a “market perform” rating in a report on Thursday, January 2nd. Canaccord Genuity Group raised their price objective on shares of Hillman Solutions from $12.00 to $13.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. Finally, Benchmark upped their target price on shares of Hillman Solutions from $13.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Hillman Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $14.00.

Insider Activity at Hillman Solutions

In related news, Director Philip Woodlief sold 19,779 shares of the stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $11.18, for a total transaction of $221,129.22. Following the completion of the sale, the director now owns 55,811 shares in the company, valued at $623,966.98. This trade represents a 26.17 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Scott Ride sold 72,523 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $10.66, for a total transaction of $773,095.18. Following the sale, the insider now directly owns 70,369 shares of the company’s stock, valued at approximately $750,133.54. The trade was a 50.75 % decrease in their position. The disclosure for this sale can be found here. 5.10% of the stock is currently owned by insiders.

Hillman Solutions Profile

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.